Business
Tesla Robotaxis Hit Texas Roads as Musk's EV Firm Pushes Toward Driverless Future
After a long wait Elon Musk-led EV giant Tesla has finally launched its robotaxi operations on public streets in Austin, Texas. The…
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Firm
Business
Former EMA board director now leads energy firm H2G; predecessor stays on amid court case
Former Energy Market Authority (EMA) board director Pek Hak Bin has been appointed chief executive of energy transition firm H2G Green, as…
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Shipping firm Maersk temporarily pauses Haifa port calls
Container shipping company Maersk said on Friday (Jun 20) it had temporarily paused vessel calls at Israel’s Haifa port, amid the…
Business
Abu Dhabi state oil firm makes US$18.7 billion bid for Australia’s Santos
Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 billion, the two…
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Disney and Universal Sue A.I. Firm Midjourney for Copyright Infringement
Disney and Universal sued a prominent artificial intelligence start-up for copyright infringement on Wednesday, bringing Hollywood…
Business
Huawei chips are one generation behind US but firm is finding workarounds: CEO
Huawei Technologies’ chips are one generation behind those of US peers but the firm is finding ways to improve performance through methods…
Business
Oil Prices Firm Ahead of U.S.–China Trade Talks as Market Eyes Supply and Demand Signals
A cautious sense of optimism returned to oil markets on Monday. As talks between the world's two largest economies resumed, traders began…
Business
Peter Kwee, son and firm sued for over S$71 million over insolvency of Laguna club operator
Motoring tycoon Peter Kwee has been sued – along with his 55-year-old son Kevin and their firm Laguna Hotel Holdings – for allegedly…
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Singapore’s climate strategy stands firm amid global setbacks on emissions
As major economies scale back climate commitments and global momentum stalls, Singapore stands out for its steadfast approach to climate…
Fashion
Andrew Roberts Leaves Burberry for New Role at Global Law Firm Linklaters
LONDON – Andrew Roberts, who spent almost a decade overseeing corporate relations at Burberry, is joining the global law firm Linklaters…
Business
Top Thai wind power firm to fund 65 billion baht of spending with IPO
Thailand’s largest wind power producer plans to spend 65 billion baht (S$2.6 billion) to almost triple its generation capacity over the…
Business
Advisory firm Glass Lewis backs Toyota chairman re-election
Akio Toyoda’s position at the automaker has come under scrutiny over governance concerns Advisory firm Glass Lewis has recommended…
Business
Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal: sources
Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that…
Business
LVMH-backed Biotech Firm Sparxell Secures 1.9M Euros in Funding
LONDON— Sparxell, a Cambridge-based plant-based colorant start-up, has secured 1.9 million euros in funding from the European Innovation…
Business
Singapore-based biotech firm Nuevocor raises US$45 million in Series B round
Biotechnology company Nuevocor announced on Wednesday (May 7) that it completed a US$45 million Series B funding round from new and…
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Big Four accounting firm PwC to slash about 1,500 jobs in the US
Big Four accounting firm PwC is laying off about 1,500 employees in the United States, a company spokesperson said on Monday (May 5). The…
Business
Mario Grauso Has Joined the Investment Firm That Owns Bally and Club Monaco
Seasoned fashion and retail executive Mario Grauso has joined investment firm Regent as operating partner of its fashion and luxury group,…
Business
Adani to sell Australian terminal to his port firm in stock deal
More than 30 million tonnes of thermal and metallurgical coal are exported annually through the terminal Billionaire Gautam Adani will…
Business
BKR International adds new member firm in Morocco
BKR International has added Corporate Value Advisory as the newest member to its global network in Morocco. Corporate Value Advisory,…
Business
Temasek weighs sale of testing firm Element Materials
Temasek Holdings is weighing a sale of Element Materials Technology, a UK testing company it acquired about three years ago, according to…
Business
Growing Singapore border demand boosts Malaysian bus firm IPO
Malaysian bus operator HI Mobility Bhd. is betting on increased traffic at the Singapore border to drive growth as the company readies to…
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Luxury Kitchens Firm Arclinea Celebrates 100 Years With Book, Scholarship
MILAN — Luxury kitchens firm Arclinea, which was founded in 1925 in Codogno, Italy, has turned the focus to supporting young culinary…
Business
BlackRock’s head of Asia-Pacific private credit Celia Yan to leave firm
Her team has deployed over US$200 million in 2024, over US$1.8 billion historically and been able to generate a 16 per cent gross internal…
Business
Temasek-backed insurance services firm Specialist Risk Group sets up Asia-Pacific hub in Singapore
London-headquartered Specialist Risk Group (SRG) announced the formal launch of its Asia-Pacific operations on Tuesday (Mar 25),…